Latest news with #Buildings&Factories
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Business Standard
3 days ago
- Business
- Business Standard
Kalpataru Projects International jumps 9% on posting 130% spike in PAT YoY
Kalpataru Projects International shares jumped 8.7 per cent on Friday, August 8, 2025, and logged an intra-day high at ₹1,208.7 per share on BSE. The stock gained after the company posted Q1 results, after market hours on Thursday. At 10:19 AM, Kalpataru Projects share price rose 6.82 per cent to ₹1,187.7 per share. In comparison, the Sensex was 0.59 per cent lower at 80,149.97. Kalpataru Projects Q1 results recap In Q1, the company posted nearly a three-fold jump in its consolidated net profit to ₹213.59 crore, as compared to ₹83.95 crore a year ago. Its total income rose to ₹6,187.52 crore in the quarter from ₹4,608.5 crore a year ago. The company's consolidated revenue for Q1 FY26 grew by 35 per cent Y-o-Y to ₹6,171 crore. Its Earnings before interest, tax, depreciation and amortisation (Ebitda) increased by 39 per cent Y-o-Y to ₹525 crore and Ebitda margin came in at 8.5 per cent. Net Debt was reduced by 26 per cent Y-o-Y to ₹2,765 crore and net working capital days declined by 12 days Y-o-Y to 91 days as of June 30, 2025. The company received additional new orders worth ₹456 crore in the Buildings & Factories (B&F) business till date in Q2FY26. Its consolidated order inflows year-to-date (Y-T-D) FY26 stood at ₹9,899 crore, and consolidated order book as of June 30, 2025, stood at ₹65,475 crore, a growth of 14 per cent Y-o-Y. The board also accorded its consent to increase the period validity of the approval granted by it to provide counter bank guarantee or standby letter of credit or corporate guarantee to lenders of Kalpataru IBN Omairah Company Ltd, 65 per cent subsidiary of the company up to June 30, 2026, for an amount not exceeding $65 million, and delegated authority to the Executive Committee of the Board of Directors, for the same. About Kalpataru Projects Kalpataru Projects International Limited (KPIL) is an engineering and construction company, with a diversified portfolio of projects worldwide, in Power Transmission & Distribution (T&D), Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports in over 75+ countries.
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Business Standard
13-05-2025
- Business
- Business Standard
L&T bags govt contracts worth up to Rs 5,000 cr in Delhi, Andhra Pradesh
L&T wins government-backed EPC orders for buildings in Delhi and Andhra Pradesh, worth Rs 2,500-5,000 crore, with both projects to be completed in 18 months Engineering and construction major Larsen & Toubro has secured contracts under its Buildings & Factories business, bagging two major government-backed infrastructure projects in New Delhi and Andhra Pradesh, according to a company press statement. The company has received an engineering, procurement, and construction (EPC) order from the Central Public Works Department to build Common Central Secretariat buildings 6 and 7 in the national capital. The project entails the construction of two buildings, each comprising one basement, two podiums, an upper ground floor, and six additional floors, the company said. In a separate order, the conglomerate won a design-and-build contract from the Government of Andhra Pradesh to construct the State Legislative Assembly building. The project involves the construction of a structure comprising a basement, ground floor, and three additional floors, the company said. Both projects are expected to be completed within an 18-month timeline. The orders fall under L&T's 'large' category, which the company defines as having a value between ₹2,500 crore and ₹5,000 crore. Last week, the company reported a 25 per cent rise in its consolidated net profit for the January–March quarter of 2024–25, at ₹5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to ₹74,392.28 crore. L&T's board has also recommended a final dividend of ₹34 per equity share. For the full year ended March 2025, L&T reported a net profit of ₹15,037 crore, up 15.1 per cent Y-o-Y. As of 31 March 2025, the company's consolidated order book stood at ₹5.79 trillion, up 22 per cent Y-o-Y, with international orders accounting for 46 per cent of the total. L&T shares were down 0.43 per cent at ₹3,571.25, while the Sensex was down 1.47 per cent at 81,218.45 points at 1.13 pm.
